Month: September 2017

There are many reasons to sell a business. It may be that the current owner seeks a change of pace or a new opportunity, or maybe it is a financially beneficial move on the part of the owner. Maybe the owner is retiring, the number one reason to sell according to IBBA Market Pulse. Regardless of why the decision to sell is being considered, there are a number of factors that need to be given careful thought before any documents are signed. Selling a business is a permanent step; once it's done, the business is sold and it can't be reclaimed. So to help business owners out there make the right choice, here are a few things to consider: Selling A Business Before Retirement: Consider The Emotional Impact Retiring can be an emotional time period and one full of uncertainty. Retirees are e...

The state of Arizona is in the process of suing Insys Therapeutics Inc., accusing the company of fabricating a scam to increase sales of Subsys, a cancer pain medication. The accusation states Insys paid doctors to write prescriptions for Subsys and convinced the patients' insurance providers they had cancer in order to receive the opioid. Along with the company, three doctors, Steve Fanto, Nikesh Seth, and Sheldon Gingerich, are also being sued for writing unnecessary prescriptions. These prescriptions generated over $33 million in sales between March of 2012 and April of 2017. This lawsuit seeks for the defendants to be terminated from participating in unfair or deceptive acts, restitution for customers, and the discharging of any illegally gained profits. Each violation will cost ...

It's time for the kids to gather up their supplies, put on their cool new clothes, strap on their backpacks, and hop back on the bus. Back to school season can be one of the most exciting times of the year. Unfortunately, there are plenty of families across the country that dread these stressful days because they simply don't have the money to afford high quality backpacks, folders, pens and pencils, rulers, scissors, crayons, binders, calculators, new clothes, and other school supplies for their kids.Luckily, countless families in need can depend on the many Good Samaritans out there who would love to help them out. Many donated products are given new life in the U.S. and abroad. Internationally, more than 14.3 million tons of donated American textiles help clothe people and families acro...

For some, it can be difficult to keep up with the latest and greatest advancements in technology. After all, it seems like there's at least one new gadget making headlines every day. But for engineering students at Arizona State University, it's just become that much easier to keep up with technological trends. Now, their residence hall comes equipped with everything from 3-D printers to Amazon Echo Dot virtual assistants. Tooker Hall, a new facility meant to house 1,600 ASU engineering education students, recently opened with quite a bit of fanfare. Kyle Squires, the dean of Fulton Schools of Engineering at the university, explains what they're trying to accomplish with the new digs. "Innovation has a new home address at Tooker House," said Squires to American School and University. "T...